On their Facebook page, Fourth Generation — the young professionals group of The Minneapolis Foundation — has posted a link to an article by Sean Stannard-Stockton, CEO of the Tactical Philanthropy Advisors firm and a member of the World Economic Forum’s Council on Philanthropy and Social Investing.
The article — which Fourth Generation says has been helpful to their grantmaking process — discusses questions donors should ask nonprofits before making a significant donation.
Stannard-Stockton details the importance of asking questions such as:
– On what research or evidence did the organization design its programs?
– What information does the nonprofit collect about the results of its programs?
– How does the organization systematically analyze the information it collects?
How do you choose which organizations to donate to each year? Tell us in the comment section below.